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19/03/2013
2.1% Sales Increase For Sainsbury's
Supermarket chain Sainsbury's has reported a 2.1% rise in sales for the year to 16 March and record customer numbers.
The figures reveal the best sales growth came from non-food products, where profit margins are generally higher, with clothing sales 20% above those of a year ago.
The full profit figures for the UK’s third-largest supermarket, after Tesco and Asda, will be published in May.
Sainsbury's said it expected the retail environment to remain tough for the rest of this year.
The company's chief executive, Justin King, said: "Valentine's Day and Mother's Day were both particularly strong this year, and we closed the quarter with a very successful Red Nose Day, presenting a record cheque for £10.5m on behalf of customers and colleagues."
(H)
The figures reveal the best sales growth came from non-food products, where profit margins are generally higher, with clothing sales 20% above those of a year ago.
The full profit figures for the UK’s third-largest supermarket, after Tesco and Asda, will be published in May.
Sainsbury's said it expected the retail environment to remain tough for the rest of this year.
The company's chief executive, Justin King, said: "Valentine's Day and Mother's Day were both particularly strong this year, and we closed the quarter with a very successful Red Nose Day, presenting a record cheque for £10.5m on behalf of customers and colleagues."
(H)
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CBI survey reveals shop sales remain strong
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Sainsbury's reveal a change in profit fortunes
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
